Minnesota’s Economic News — W/E 1/12/24

Labor market

Minnesota Reformer: December jobs report: Wages up, hiring steady as job market ends year strong

Crow River Media: Rural jobs grew a percentage point in September, but the longer-term trend is still a problem

InForum: Letter: Spending spree busted the budget? Go figure.

Regulation

New Ulm Journal: Sick and safe time more of an employer concern compared to 2024 minimum wage hike

State and local taxes and spending

Eden Prairie Local News: EP Schools tax levy will increase 6.09% in 2024

Minnesota Reformer: Minnesota’s tax system is the most equitable among states, report finds

WPDE: Deep blue states facing ‘crushing deficits’ entering 2024

KROC: NFIB: Minnesota’s 9.8% Corporate Income Tax is Highest in Nation

Economic growth

Duluth News Tribune: Inflation cuts into timber industry profits

Agriculture

Brownfield Ag News: Wisconsin, Minnesota lost 7.4% of dairy farms in 2023

Brownfield Ag News: Reasons vary for declining dairy farm numbers